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provenance of the artwork, omitted variables in most previous studies, seem to be more important determinants of the sale price …;), although (4) there is strong evidence in our data for the declining price anomaly, or quot;afternoon effect.quot …
Persistent link: https://www.econbiz.de/10012705816
the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual … price quotes collected to calculate theConsumer Price Index in France and we estimate a price rigidity model based on a …
Persistent link: https://www.econbiz.de/10012764170
In Germany, the productivity of professional services, a sector dominated by micro and small firms, declined by 40 percent between 1995 and 2014. This productivity decline also holds true for professional services in other European countries. Using a German firm-level dataset of 700,000...
Persistent link: https://www.econbiz.de/10013216563
We provide the first estimates of the extent of common ownership of competing firms in Australia. Combining data on market shares and substantial shareholdings, we calculate the impact of common ownership on effective market concentration. Among firms where we can identify at least one owner, 31...
Persistent link: https://www.econbiz.de/10014031162
This paper aims to shed new light on explanations for the sexual division of labour, within a broader examination of within-household specialisation. We propose a set of indices which we believe are the first direct within-couple measures of specialisation. We use these to present a rich...
Persistent link: https://www.econbiz.de/10012840995
We analyze the effect of China's integration into the world economy on workers in the country and show that one important channel of impact has been internal migration. Specifically, we study the changes in internal migration rates triggered by the reduction in trade policy uncertainty faced by...
Persistent link: https://www.econbiz.de/10012929088
Commodity price increases associated with the entry of China, India and other countries into the world economy has led …'s likelihood rises with the relative commodity price and labor inflow; iii) a labor inflow under internal equilibrium results in a …
Persistent link: https://www.econbiz.de/10013143683
price equalization and countries specialize in different subsets of goods. Innovatively, we obtain the returns to capital …
Persistent link: https://www.econbiz.de/10013148352
This paper studies the impact of outsourcing on individual wages. In contrast to the standard approach in the literature, we focus on domestic outsourcing as well as foreign outsourcing. By using a simple theoretical model, we argue that, if outsourcing is associated with specialization gains...
Persistent link: https://www.econbiz.de/10013318053
Important labour market consequences of globalization may arise via product market integration which affects the room for wage negotiations and generates job creation and destruction through structural changes. We find in a Ricardian trade model that aggregate increases in wages and employment...
Persistent link: https://www.econbiz.de/10013317238